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Newfi rolls out non-QM correspondent channel

National Mortgage
Mortgage Finance
3 years ago

Newfi, a non-qualified mortgage lender based in Emeryville, Calif., has entered the correspondent channel, adding to its existing wholesale and,.. Read More;

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AG Mortgage and Terra Property Trust duel over purchase of competitor

National Mortgage
Mortgage Finance
3 years ago

Western Asset Mortgage Capital Corporation will have to weigh its options as two real estate investment firms duel over it. AG,.. Read More;

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More good news for home builders, this time on supply costs

National Mortgage
Mortgage Finance
3 years ago

Building supply costs held steady in June, reflecting broader inflation trends and helping contribute to improved industry sentiment this year.The,.. Read More;

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Credit unions report a record-setting plunge in savings balances

National Mortgage
Mortgage Finance
3 years ago

Kinecta Federal Credit Union in California had total shares and deposits just below $6 billion at the end of the,.. Read More;

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Struggling borrowers seek help through self-service tech: report

National Mortgage
Mortgage Finance
3 years ago

Both servicers and mortgage borrowers under duress from natural disasters or other unexpected events are seeing benefits from self-service tools,,.. Read More;

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The chaos wrought by the FOMC keeps unfolding

National Mortgage
Mortgage Finance
3 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. As we look forward to the start,.. Read More;

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Lenders dabble with ChatGPT as FTC begins OpenAI investigation

National Mortgage
Mortgage Finance
3 years ago

With the news of the Federal Trade Commission opening an investigation into OpenAI and its technology ChatGPT's potential potential harm,.. Read More;

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Here's how the White House's cyber initiatives could affect banks

National Mortgage
Mortgage Finance
3 years ago

A new cybersecurity plan the White House released Thursday could have a mix of implications for banks: Liability for breaches,.. Read More;

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Ajax brings $203.6 million MBS to market

National Mortgage
Mortgage Finance
3 years ago

Of the residential mortgages in the pool, 21.1% are 30-59 days delinquent and 15.8% are 60+ days delinquent. Mitigating factors,.. Read More;

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Manufactured home lender Zippy raises more funds

National Mortgage
Mortgage Finance
3 years ago

Zippy, a chattel manufactured housing lender, has raised additional capital from one of its earliest investors, Brand Foundry.To date, Zippy,.. Read More;

post

Beeline rolls out an AI chatbot named Bob

National Mortgage
Mortgage Finance
3 years ago

If you have a question about the mortgage process or a specific product, Beeline Loans' AI chatbot, Bob, will likely,.. Read More;

post

Mortgage rates creep closer to 7%: Freddie Mac

National Mortgage
Mortgage Finance
3 years ago

The 30-year fixed rate mortgage rose 15 basis points last week to just shy of the 7% mark, according to,.. Read More;

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